Insurance Covers Available - Personal Banking

COMPLIMENTARY INSURANCE COVERS AVAILABLE ON ELIGIBLE SBI DEBIT CARDS

Personal Accidental Insurance (Death) Non-Air: This insurance covers the Debit Cardholder for non-air accidental death only, to the extent as applicable on the type of Debit Card held (detailed below). This Insurance Cover shall become operational when the Card is used at least once for a financial transaction on any channel, viz ATM/PoS/eCom during the last 90 days from the date of accident.

Personal Air Accidental Insurance (Death):This insurance covers the Debit Cardholder for air accidental death only, to the extent as applicable on the type of Debit Card held (detailed below). This Insurance Cover shall become operational when the Card is used at least once for a financial transaction on any channel, viz ATM/PoS/eCom during the last 90 days from the date of accident, subject to a condition that the air ticket for that air travel should have been purchased by using the Debit Card.

The details of the Personal Accident Insurance (Air & Non-Air) are as follows:

* Available to Debit Cards used at least once for a financial transaction on any channel, viz ATM/PoS/eCom during the last 90 days from the date of accident.

# Available to Debit Cards used at least once for a financial transaction on any channel, viz ATM/PoS/eCom during the last 90 days from the date of accident, subject to a condition of the air ticket for that air travel being purchased using the Debit Card.

Purchase Protection: This policy covers loss of goods/articles purchased (excluding perishables, jewellery, precious stones) due to theft/burglary/house breaking, including theft from vehicle, within 90 days of purchase of such goods. The goods must have been purchased by using the eligible Debit Card variants at Point of Sale/Merchant establishments.

Purchase Protection Cover for Salary Package Accountholders: Purchase Protection Cover available to Cards issued to Salary Package Account Holders (all MasterCard/VISA variants)

The above cover will be available to only one Card per account, in case of multiple cards issued to a single account.

Add On Covers: In addition to the above Insurance Covers, below Add-on Covers are also available to the eligible Debit card variants, as a value-added feature:

The details of the current policy (FY 2024-25) offered by NPCI, including the eligibility criteria and the claim process, are provided below. The latest and detailed information about the above policies on RuPay Debit Cards including the eligibility and claim process, may be accessed from www.npci.org.in. Please refer the below attachment to know more about the claim process.

Circular - RuPay Insurance Program FY 2024-25 - RuPay PMJDY Card

Circular - RuPay Insurance Program FY 2024-25 - RuPay Premium Cards

Circular - RuPay Insurance Program FY 2025-26 - RuPay PMJDY Card

Circular - RuPay Insurance Program FY 2025-26 - RuPay Premium Cards